Kampala, Uganda | THE INDEPENDENT | Parliament has tasked its Committee on Information and Communication Technology (ICT) and National Guidance to consider a petition by the National Association of Broadcasters (NAB) regarding a directive by the President ring-fencing all government advertisements for Uganda Broadcasting Corporation (UBC) and New Vision platforms. …
Read More »LETTER: Youth should help senior citizens adapt modern ways of banking
LETTER | Lynn Nasirumbi | Being a first-born daughter, I have always been an errand girl for my parents. Whether it is grocery shopping, taking my siblings to school or even making financial transactions. They trust me to get things done. But also, being typically African, it is harder for …
Read More »Rotary Cancer Run moves to regions
Kampala, Uganda | THE INDEPENDENT | Centenary Bank together with Rotary Uganda are extending the annual Rotary Cancer Run awareness campaign to the different regions of the country. This year’s run is scheduled for August 27th 2023 in Kampala, regions and key global cities, under the theme ‘Run for Hope.’ …
Read More »AfDB achieves global first: Issues highest rated hybrid capital by a multilateral development bank
The S&P Global Ratings assigned a AA-rating to the debut transaction, the highest rating for hybrid capital Abidjan, Ivory Coast | THE INDEPENDENT | The African Development Bank Group has received global recognition for its inaugural hybrid capital issuance, positioning the Bank as a pioneer in innovative sustainable financing. The …
Read More »Uganda shilling steady, Kenya shilling slides
NEWS ANALYSIS | THE INDEPENDETN | The Kenya Shilling has steadily been declining against most currencies, including global leaders like the US Dollar and regional currencies, mainly the Uganda and Tanzania Shilling. For so long, the Uganda Shilling traded at an average of 30 to the Kenya Shilling and one …
Read More »Nandutu’s trial in Karamoja iron sheet scandal kicks off
Kampala, Uganda | THE INDEPENDENT | The Anti-Corruption Court in Kampala has commenced the trial of State Minister for Karamoja Affairs, Agness Nandutu, who stands accused of posession of suspected property belonging to a Karamoja iron sheets project. The prosecution alleges that during June 2022, at the office of the Prime …
Read More »Rwanda drops science practicals due to lack of facilities
Kigali, Rwanda | XINHUA | Rwanda has taken a decision to eliminate science practicals from their national examinations, citing long-standing concerns over the lack of well-equipped laboratories in schools. Rwanda’s Education Ministry announced the policy change, stating that starting this academic year, science practicals will no longer be a requirement in …
Read More »Guterres condemns coup in Niger
UN, New York US | Xinhua | In a short statement released by his spokesperson, UN Secretary-General Antonio Guterres strongly condemned the coup in Niger. “The secretary-general is following closely the situation in Niger. He condemns in the strongest terms any effort to seize power by force and to undermine …
Read More »U.S. dollar falls after Fed rate hike decision
New York, US | Xinhua | The U.S. dollar fell on Wednesday, after the Federal Reserve delivered a widely-expected interest rate hike. The dollar index, which measures the greenback against six major peers, fell 0.49 percent to 100.9027 in late trading. The Federal Open Market Committee (FOMC) decided to raise …
Read More »Court issues warrant of arrest against Besigye
Kampala, Uganda | THE INDEPENDENT | The Buganda Road Magistrates Court has issued a warrant of arrest against Dr. Kiiza Besigye and Rubaga North former Parliamentary Candidate Samuel Lubega Mukaaku. This is after they failed to show up in court for the second time to face trial on charges of …
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